Brussels, February 25th 2019 --- Solvay continues to improve the manufacturing productivity at its soda ash plants worldwide, increasing the production capacity of soda ash by 500 kt and of sodium bicarbonate by 100 kt in the next two years to secure customer supplies in a tight market where demand continues to grow.
Solvay will increase its production capacity thanks to data analytics, digital projects and selective debottlenecking at its soda ash plants worldwide, to maximize the production rate and improve the plants’ reliability.
“Our new global manufacturing excellence action plan will ensure security of supply for our soda ash and sodium bicarbonate customers on the short-term, while fair pricing of soda ash and bicarbonate will need to be reached to allow a sustainable supply over the long-term. We are constantly driven by better serving our customers with competitiveness, quality and reliability of supply," said Christophe Clemente, President of Solvay Soda Ash & Derivatives Global Business Unit.
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Solvay is an advanced materials and specialty chemicals company, committed to developing chemistry that addresses key societal challenges. Solvay innovates and partners with customers worldwide in many diverse end markets. Its products are used in planes, cars, batteries, smart and medical devices, as well as in mineral and oil and gas extraction, enhancing efficiency and sustainability. Its lightweighting materials promote cleaner mobility, its formulations optimize the use of resources and its performance chemicals improve air and water quality. Solvay is headquartered in Brussels with around 26,800 employees in 61 countries. Net sales were €10.1 billion in 2017, with 90% from activities where Solvay ranks among the world’s top 3 leaders, resulting in an EBITDA margin of 22%. Solvay SA (SOLB.BE) is listed on Euronext Brussels and Paris (Bloomberg: SOLB.BB - Reuters: SOLB.BR) and in the United States its shares (SOLVY) are traded through a level-1 ADR program. Financial figures take into account the announced divestment of Polyamides.
